Ibdar Bank (“Ibdar”), the Bahrain based wholesale Islamic investment bank, concludedits successful participation and Platinum Sponsorship of The 22nd Annual World Islamic Banking Conference (WIBC 2015), which was held in the Kingdom of Bahrain between the 1st and 3rd of December 2015 under the patronage of HRH Prince Khalifa Bin Salman Al Khalifa, The Prime Minister of the Kingdom of Bahrain.
Also backed by the Central Bank of Bahrain, the three day event saw Ibdar join more than 1,300 high-level industry attendees from 50+ countries to address keytrends shaping the global financial services industry under the theme “New Realities, New Opportunities”.
Ibdar was represented at the event by members of its senior management team and also took part as an exhibitor, where it engaged with peers and investors and showcased the Bank’s pioneering regional and international investments and opportunities across sectors.
Commenting, Mr. Ahmed Al-Rayes, Acting CEO of Ibdar Bank said, “We’re delighted to continue our sponsorship for the third year running of the WIBC and the unique platform it provides for highlighting and addressing the issues impacting the development of the global Islamic financial services industry. As an international Islamic investors – across asset classes and geographies – Ibdar is committed to supporting industry advancement and also to continuing to take a leadership role in taking Islamic banking and finance into new directions and markets. Ibdar has recently been recognized for taking Islamic finance into African aviation and we will continue to look for similaropportunities to support industryexpansionand the further use and uptake of Islamic financial instruments globally.”
Ibdar Bank is active in private equity in the GCC and MENA markets as well as in the regional and global real estate. The Bank has extensive experience in sectors including aviation, infrastructure, oil & gas, maritime and retail, among others. It has recently announced a number of successful investments and exits in real estate and in financing and leasing. Currently, Ibdar has a strong pipeline of opportunities under evaluation in real estate and other areas that build on growth in consumer patterns across its markets of focus and in industries where its experience and knowledge support solid returns.